The EU organization is aiming to establish a more hands-on approach to the rules. The European Union’s insurance company capital regulations require an overhaul that would provide a closer reflection of low interest rates, said the EU insurance watchdog. It also stated that stronger authority for intervention were required, such as banning dividends in order to maintain solvency throughout market shocks. The EU’s Solvency II capital requirements from insurers is currently in a review process. The Solvency II insurance company capital regulations impact insurers throughout the EU, including Allianz, Generali,…
Read MoreEIOPA watchdog seeks insurance company capital regulations overhaul
